A mass cancellation of coal blocks awarded since 1993 could cost the country up to $3 billion in additional imports and hurt financial firms that have lent to the sector, broking firms said on......
Consumers are refusing to buy, as coal costlier than prevailing global rates Coal India Ltd, world’s largest coal miner, said it might have to slash prices of its high-quality coal.The move......
* India plans to double coal production by 2020* To help millions without power; develop eastern regions* Govt has identified mines to auction to private companies* With coal prices low, foreign......